#TrumpTaxCuts TrumpTaxCuts
Trump: Reducing import taxes leads to a significant decrease in income taxes
U.S. President Donald Trump said on Sunday that when import taxes are reduced, the income taxes of many people will drop significantly and could even be completely eliminated.
He continued in a post on the Truth Social platform that he would focus on individuals with an annual income under $200,000.
The U.S. President stated: "Many jobs have been created as new factories are built or planned to be built. This will be a golden opportunity for America! The foreign tax agency is in the process of being completed.
Trump has called on Republican members of Congress to prepare a bill that includes major tax cuts.
On the other hand, Trump revealed that the latest report on illegal immigration shows a decrease of about 99.9% at the U.S. border.
He said this is the best figure recorded to date. Three people have entered, compared to hundreds of thousands in the previous administration. We have never seen such a difference before. Congratulations America.
As part of the effort to avoid raising import taxes, the administration of U.S. President Donald Trump has set up a working framework to manage negotiations with trade partners who are eager to finalize agreements.
Accordingly, a unified model will be used to address common concerns to initiate dialogue, and among the proposed areas are: import taxes, non-tariff barriers, digital trade, economic security, and trade benefits.